Bursa KLCI

Z5 Fri, 24 May 2024

Bursa Daily
Bursa - Top 5 stocks for today.

Z5 Thur, 23 May 2024

Bursa Daily
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Z5 Wed, 22 May 2024

Bursa Daily
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Z5 Tue, 21 May 2024

Bursa Daily
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Z5 Mon, 20 May 2024

Bursa Daily
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Z5 Fri, 17 May 2024

Bursa Daily
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Z5 Thur, 16 May 2024

Bursa Daily
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Z5 Wed, 15 May 2024

Bursa Daily
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Z5 Tue, 14 May 2024

Bursa Daily
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Bursa Mon, 13 May 2024

BUrsa Daily
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Z5 Fri, 10 May 2024

Z5 Daily
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Z5 Thur, 9 May 2024

Z5 Daily
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Z5 Wed, 8 May 2024

Z5 Daily
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Z5 Tue, 7 May 2024

Z5 Daily
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Z5 Mon, 6 May 2024

Z5 Daily
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Z5 Fri 3 May 2024

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Z5 Thur, 2 May 2024

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Z5 Wed, 1 May 2024

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Z5 Tues, 30 April 2024

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Z5 Mon, 29 April 2024

Z5 Daily
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9 October 2019 – Bond, Equities Flip Flopped

Indices
Dow Transportation gapped up and closed at 9943.33 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range is 150.89. Fractal Chaos Band – Within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 40.1.

Dow Industrial closed at 26346.01 with a small spinning top doji candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Daily trading range – 260.27. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – positive and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 44.8.

Russell 2000 closed at 1479.461 with a doji candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 12.235. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 39.4.

Nasdaq 100 closed at 7690.53 with a small doji candle above its 200 SMA and below its 8 EMA, 21 EMA, 50 SMA. Daily trading range – 113.67. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and rising. Medium Cycle Wave – negative and rising. Short Cycle Wave – positive and rising. Market direction – Weak DownTrend. Momentum – Strong Upward. RSI – 47.9.

S&P 500 (SPX) closed at 2919.40 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 36.26. Fractal Chaos Band – Within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – positive and rising. Market direction – Strong DownTrend. Momentum – Semi-Strong Downward. RSI – 45.

Metals and Commodities
WTI Crude oil futures (CL) closed at $52.65 per barrel with a low closing spinning top doji candle below its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 1.43. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and rising. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 37.8.

Gold (/GC) closed at 1510.8 with a doji candle above its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 12.9. Fractal Chaos Band – closed within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and rising. Short Cycle Wave – positive and rising. Market direction – Strong UpTrend. Momentum – Weak Upward. RSI – 52.2.

Commodities (DBC) ETF closed at 14.97 with a small bullish candle below its 8 EMA, 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.165. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and rising. Medium Cycle Wave – negative and rising. Short Cycle Wave – positive and rising. Market direction – Strong DownTrend. Momentum – Strong Upward. RSI – 45.

Bonds
Bond futures (/ZB) closed at 163’18 with a bearish marubozu candle below its 8 EMa and above its 21 EMA, 50 SMA, 200 SMA. Daily trading range – 1.3125. Fractal Chaos Band – Above its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – positive and falling. Market direction – Weak UpTrend. Momentum – Weak Downward. RSI – 55.3.

High Yield bond ETF (HYG) closed at 86.30 with a small doji candle below its 8 EMA, 21 EMA, 50 SMA and above its 200 SMA. Daily trading range – 0.34. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and falling. Medium Cycle Wave – negative and falling. Short Cycle Wave – negative and rising. Market direction – Strong DownTrend. Momentum – Strong Downward. RSI – 40.6.

Currency
The dollar index ($DXY) closed at 99.109 with a doji candle above its 8 EMA, 21 EMA, 50 SMA, 200 SMA. Daily trading range – 0.261. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and falling. Medium Cycle Wave – positive and falling. Short Cycle Wave – negative and rising. Market direction – Strong UpTrend. Momentum – Strong Downward. RSI – 54.7.


EUR/USD closed at 1.0968 with a small bullish candle above its 8 EMA and below its 21 EMA, 50 SMA and 200 SMA. Daily trading range – 0.0041. Fractal Chaos Band – within its FCB. Long Cycle Wave – negative and rising. Medium Cycle Wave – negative and rising. Short Cycle Wave – positive and rising. Market direction – Neutral DownTrend. Momentum – Strong Upward. RSI – 49.

USD/JPY closed at 107.46 with a bullish candle above its 8 EMA, 21 EMA, 50 SMA and below its 200 SMA. Daily trading range – 0.7. Fractal Chaos Band – within its FCB. Long Cycle Wave – positive and rising. Medium Cycle Wave – negative and rising. Short Cycle Wave – negative and rising. Market direction – Strong UpTrend. Momentum – Upward. RSI – 51.9.

Relative Strength – Sectors On a 3-monthly lookback, the relative strength order of the S&P 500 ETFs are XLU, XLP, XLK, /ES, SPX, SPY, XLY, XLF, XLI, XLV, XLB and XLE.

On a 12-monthly lookback, the relative strength order of the S&P 500 ETFs are XLU, XLP, XLK, SPX, /ES, SPY, XLY, XLF, XLI, XLB, XLV and XLE.  

Market Internals
Market Sentiment – Bullish. Market Breadth – sloping downward showing more losers than gainers. Volume Acc/Dis – sloping downwards and showing distribution. Skew – 119.95. Vix – 18.64 and Vix Futures – 18.95.   

The Week Ahead 
There is very little good economic news. Trade negotiation between China and US has restarted but with very expectation as more China companies are added to the Entity List. The prognosis is for more selling pressure on the indices.

To Your Wealth!
Would you like to learn to trade stocks, Options or Futures? Drop us an email at jefftohch@gmail.com or call +6010 4343 948. If you have been an unsuccessful trader and need personal tutorship, we can provide you with personal coaching to take you to be a profitable trader.


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